Episodes
Friday Mar 22, 2024
Discovering the Leader Inside of You with Brent Pohlman | Know your why #295
Friday Mar 22, 2024
Friday Mar 22, 2024
EPISODE SUMMARY:
When you meet someone who's transformed their entire outlook on leadership, it's like a breath of fresh air in a stale boardroom. That's what happened when I sat down with Brent Pohlman, CEO and owner of Midwest Laboratories, whose journey from a numbers-obsessed executive to an emotionally intelligent leader is nothing short of inspiring. Our conversation is a deep exploration into the heart of leadership, threaded with Brent's reflections on the pivotal moments that spurred his personal and professional growth. His story, underpinned by the wisdom in his book "Leaders Look Within," serves as a powerful reminder of the unique paths we all can take to unearth our leadership potential.
BRENT'S BIO:
Brent has always an interest in becoming a great leader. He has worked for a variety of managers and leaders of various companies, ( Arthur Andersen, Mutual of Omaha and HDR) . He has read many leadership and management books too. The one thing that was missing for Brent was owning his own leadership, and that meant looking deep inside his heart to understand who he was and what that exactly looked like for him. In the last few years, Brent has invested time in better understanding who he is and what he stands for. In order to effectively lead people, Brent discovered the power of owning himself and living with a strong why. Brent has gone through a major transition in the last five years and tells his story in his book, (Leaders Look Within). Brent impresses in his talks that leadership is personal and each person has to find it for themselves to truly be an effective leader. Brent’s hope with this talk is to bring this message of leadership to you. We need leaders who lead from the heart like never before. Brent is the President and CEO of Midwest Laboratories. Brent’s goal is to grow a culture at Midwest Laboratories where people are always first. When Brent isn’t working, he spends time with his wife, Michele and their five adult children and three grandchildren.
GET IN TOUCH WITH BRENT :
http://heartstrongproductions.com
https://www.facebook.com/BPohlmanExecutive
https://www.linkedin.com/in/bpohlman/
Instagram @bkpalive24
EPISODE CHAPTERS:
(0:00:00) - Finding Leadership Through Personal Transformation CEO Brent''s transformation and leadership journey at Midwest Labs, emphasizing personal leadership and purpose.
(0:12:55) - Building Strong Company Culture and Leadership Leadership's impact on company culture, preserving core values, dangers of neglecting culture for metrics, and seeking coaching for challenges.
(0:17:10) - Leadership, Trust, and Culture Awakening Discovering a powerful "why" rooted in faith and passion, stepping back to delegate and prioritize people, process, and technology for successful growth and innovation.
(0:23:35) - Prioritizing Health and Emotional Intelligence Self-care, emotional intelligence, and shared vision can transform personal well-being and leadership, as seen in our innovative response to healthcare costs.
(0:27:40) - Solution-Driven Mindset for Success Solution-driven approach to managing healthcare costs, proactive strategies, personal stories, and passion for athletics and nature.
(0:32:47) - Achieving Leadership and Fitness Goals Guest shares their journey from injury to chair workouts, emphasizing solution-oriented mindset and intentional journaling for personal growth and stress management.
(0:37:26) - Leadership Skills and Techniques Discussion Valuable leadership skills and strategies shared by guest Brent, enriching perspectives and encouraging engagement and sharing.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Mar 20, 2024
The Low Risk Guide To Entrepreneurial Success with Reid Tileston | Know your why #294
Wednesday Mar 20, 2024
Wednesday Mar 20, 2024
EPISODE SUMMARY:
Ever pondered the blueprint for low-risk entrepreneurial success? Reid Tileston, a maven of the franchise world and a veritable author, joins us to draw from his deep well of experience across varied industries. He pulls back the curtain on franchise disclosure documents and their critical role for entrepreneurs, leaving listeners with a treasure trove of wisdom and a clearer path to follow.
REID'S BIO:
Reid Tileston is an Adjunct Professor at Case Western Reserve University, specializing in Entrepreneurship Through Acquisition. With over 16 years of entrepreneurial experience, he has acquired, grown, and sold four companies, achieving a remarkable return on investment. Reid co-created the curriculum for the Entrepreneurship Through Acquisition course at the University of Chicago Booth School of Business and lectures at other prestigious institutions like Dartmouth and the University of California. He is also a board member, award-winning keynote speaker, and has worked with renowned brands such as Harley Davidson and Microsoft. Reid holds an MBA from the University of Chicago Booth School of Business and is currently pursuing his doctoral research at Case Western. As an Eagle Scout and Ironman triathlete, Reid finds rejuvenation in outdoor adventures, constantly seeking his next challenge.
GET IN TOUCH WITH REID :
Book launch
https://www.instagram.com/reidtileston/
https://www.facebook.com/reidtileston/
https://www.linkedin.com/in/reidtileston/
EPISODE CHAPTERS:
(0:00:00) - Franchising and Small Business Ownership Entrepreneur Reid Tileston shares insights on franchising, knowing your "why," and his book "Gritted Done" in this podcast episode.
(0:08:39) - Franchising as an Investment Option Franchising's contribution to the economy and employment, benefits of buying into a proven system, due diligence, financial aspects, and investment opportunities.
(0:19:45) - Entrepreneurship Opportunities With SBA Loans Align background and interests, minimize risks, consider SBA loans, enjoy freedom and financial benefits, invest in team members.
(0:25:50) - Empowering Team Members for Business Success Empowering team members, fostering positive culture, addressing toxic employees, utilizing peer groups, understanding one's driving purpose.
(0:31:49) - The Power of Relationships in Success Building strong relationships through challenging endeavors, stair racing, selling a business, and becoming an optional business owner.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Mar 15, 2024
Graduating Into Retirement with Eric Brotman | Know your why #293
Friday Mar 15, 2024
Friday Mar 15, 2024
EPISODE SUMMARY:
Join me on a journey through the realm of financial fortitude with Eric Brotman, CEO of BFG Financial Advisors and author of "Don't Retire Graduate." Eric and I explore the necessity of robust financial planning and the art of estate protection, likening it to a medieval castle that safeguards not only wealth but also the well-being of loved ones. We unravel the significance of cybersecurity, insurance, and legal documents in creating an impervious financial moat for your assets.
ERIC'S BIO:
Eric D. Brotman, CFP®, is the CEO of BFG Financial Advisors and author of the award-winning book, Don’t Retire… Graduate! He and his team believe that financial literacy is the key to financial freedom, so they provide free and affordable educational resources and accessible financial planning with no asset minimums. Achievements: Built a financial planning and wealth management firm from start-up in 2003 to a firm with 20 employees and $650,000,000 under management.
GET IN TOUCH WITH ERIC :
https://www.facebook.com/BFGFinancialAdvisors
https://www.linkedin.com/in/ebrotman/
EPISODE CHAPTERS:
(0:00:00) - Financial Planning and Estate Protection Eric Brotman discusses financial planning and literacy, emphasizing the need for risk management and protection of assets in today's world.
(0:09:43) - Wealth Building Strategies and Tax Planning Nature's wealth goes beyond finances, including experience, knowledge, and legacy. Life insurance, tax-advantaged savings, and diversification are important for future challenges.
(0:21:36) - Legacy and Retirement Redefined Collaboration between financial planning and legal counsel, redefining retirement, and the broader implications of legacy.
(0:27:43) - Planning for Retirement and Financial Freedom Retirement planning involves more than finances, including healthy habits, resilience, and the impact of life events.
(0:34:00) - Financial Advisor's Motivation and Generational Impact Our financial expertise guides individuals and families towards positive changes through scholarships, literacy programs, and personal efforts.
(0:38:03) - College Experience and Financial Planning English and science majors have different college experiences, and it's important to start new ventures immediately and seek financial advice.
(0:44:06) - Uncovering Your Why for Success Taking action and uncovering one's 'why' leads to success in authorship and fitness, with gratitude for Eric's contributions.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Mar 13, 2024
Wednesday Mar 13, 2024
EPISODE SUMMARY:
There comes a point in everyone's life when we hit an invisible wall, not realizing it's one we've built ourselves with limiting beliefs. On our latest podcast, I sit down with Rick Torrison, the mind behind Right Now Leadership and Revival Rivers, to dissect these barriers and share stories of personal evolution. We examine how our histories and the 'norms' society imposes can inadvertently confine our dreams. Rick brings a wealth of knowledge from his own transformative journey, providing a rich perspective on identifying and deconstructing these beliefs to chart a path toward an unfettered future.
RICK'S BIO:
Rick Torrison is the founder of Right Now Leadership LLC & Revival Rivers Non-Profit, international speaker, and a certified Success & John C Maxwell coach. He helps passionate and growth minded leaders walk in the power of their identity. With over 25 years of experience working with Fortune 500 companies, solopreneurs and speaking to thousands around the world, Rick is uniquely equipped and qualified to help organizations and individuals personally and professionally break through limiting beliefs, cultivate an infinite mindset, and unleash your true identity.
GET IN TOUCH WITH RICK :
https://www.instagram.com/ricktorrison/
EPISODE CHAPTERS:
(0:00:00) - Overcoming Limiting Beliefs for Success Overcoming limiting beliefs is crucial for success, as discussed by Rick and his journey from the Midwest to Texas.
(0:10:34) - Overcoming Limiting Beliefs for Transformation Nature's transformative journey through challenging beliefs and aligning behavior with change, sponsored by HomeDepot.
(0:23:53) - Embracing Change and Taking Risks Mindset, vision, and support are crucial for progress and taking risks is necessary for achieving goals.
(0:31:00) - Believing in Possibilities and Overcoming Obstacles Using "yet" to overcome limitations, striving for goals, understanding self-doubt, and the journey towards personal growth.
(0:39:34) - Unlocking Limitless Potential in Children Nature's limitless potential, self-imposed limitations, power of words, nurturing mindset, and imprinting values in children.
(0:51:36) - Discovering Your Purpose and Potential Finding one's 'why' and how it evolves over time, centered around faith and empowering others, with an invitation to join a community and engage with content on Instagram.
(0:58:06) - Know Your Why Podcast Success Understanding our "why" and aligning it with our actions can lead to success in real estate and personal growth.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Mar 08, 2024
From ‘Average Joe’ to the Top 1% with Max Lewis | Know your why #291
Friday Mar 08, 2024
Friday Mar 08, 2024
EPISODE SUMMARY:
Have you ever wondered how a simple idea can ignite the path to multimillion-dollar success? Max Lewis joins me to share his extraordinary rise from selling mangoes by the roadside to owning a booming propane exchange empire. His story isn't just a testament to the entrepreneurial spirit; it's a valuable trove of wisdom on seizing opportunities, navigating the complexities of business relationships, and the strategic thinking that took a fledgling startup to impressive heights. Max's insights are a masterclass in turning the ordinary into the extraordinary.
MAX'S BIO:
From ‘Average Joe’ to the Top 1%— Max Lewis beat the odds and became one of America’s ultra-high net worth individuals. Through perseverance, hard work, and a willingness to learn from his mistakes, he was able to turn his dreams into reality by selling his business for $37 million by the age of 36 years old.
GET IN TOUCH WITH MAX :
On Amazon: WhoisMaxLewis
EPISODE CHAPTERS:
(0:00:00) - Journey to Success Max Lewis shares his journey from humble beginnings to becoming a top 1% entrepreneur through recognizing opportunities and scaling a propane delivery business. (
0:08:18) - Key Strategies for Success in Business Solution-oriented persistence, 'thinking time,' success without college, curiosity, hiring, scaling, and universal applicability.
(0:17:13) - Backing Into a Goal Strategy Backing into a goal by defining the end goal first, reverse engineering business growth, and using mathematics to plan for success.
(0:23:03) - From Business to Boredom A successful entrepreneur sold his business for $37 million, reinvested in metal recycling, traveled, invested in real estate and restaurants, and wrote a book on ongoing success.
(0:25:57) - Achieving Success Through Goals and Work Personal drive and success evolve with changing motivations, prioritizing autonomy and fulfillment over profit-driven ventures.
(0:39:13) - Max's Perspective on Success and Minimalism Passion for tennis, fishing, and Tesla; choosing functionality over prestige; simplicity and financial freedom over flashy displays of wealth.
(0:46:31) - Uncovering the Why Behind Success Max shares his inspiring journey and the importance of understanding purpose, with a potential meetup in San Diego for tacos.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Mar 06, 2024
Ageless Ambitions: Manifesting Dreams in Your 70s with Allen Lomax | Know your why #290
Wednesday Mar 06, 2024
Wednesday Mar 06, 2024
EPISODE SUMMARY:
When life handed Allen Lomax the keys to an accidental landlord title, he didn't just open the door—he renovated the whole house and built a real estate empire. Journey with me as we unfold Allen's tale from unexpected beginnings in Guam to navigating the treacherous waters of the 2007-2008 financial crisis. His story is a masterclass in embracing the unexpected and turning misfortune into a roadmap for investment success.
ALLEN'S BIO:
As an accidental real estate investor, Allen has done fix-and-flip, apartment rentals, spec home development, and mobile home parks. Allen now focuses on capital raising to empower others to find their financial well-being through passive real estate investments.
GET IN TOUCH WITH ALLEN :
https://www.linkedin.com/in/allenlomax/
https://www.facebook.com/allen.lomax/
Podcast: https://steedtalker.com/real-estate-investing-abundance/
EPISODE CHAPTERS:
(0:00:01) - Accidental Real Estate Investor Life Journey Allen Lomax's real estate journey, from accidental landlord to investor, discussing challenges and lessons learned.
(0:15:15) - Navigating Challenges Through Networking and Action Personal resilience and recovery after a loss, using horse riding and podcasting for networking and improving mental health in real estate investing.
(0:25:39) - Capital Raising and Equine Sanctuary Transitioning into capital raising in real estate, building relationships, educating investors, and aligning with personal passion for horses.
(0:37:15) - Connecting With Animals Through Mindfulness Equine veterinary work, therapeutic benefits of horses, mindfulness in animal communication, and its impact on behavior.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Mar 01, 2024
Friday Mar 01, 2024
EPISODE SUMMARY:
Sometimes it is easy for us to forget when we have been in it for a while, that our potential investors might not know what a syndication is. Or if they do, they may only have a vague surface understanding. Rachel and I created this episode to serve a resource to anyone who is interested in or considering being involved in a syndication. We tried to address some of the FAQs we encounter during our discussions with investors. We would love to hear if you have any more we can help clarify!
Especial mention to Rachel McFarlane, our investor relations manager, for joining in on this insightful episode.
EPISODE CHAPTERS:
(0:00:00) - Real Estate Syndication and Investment Process Real estate syndication's versatility, roles, lifecycle, misunderstandings, education, and personal exposure to investments.
(0:08:26) - Understanding Passive Real Estate Investment Nature's multifamily real estate investments, targeting B class assets in strategic locations, with assistance from our team and resources like the deal room and PPM.
(0:21:04) - Investing in Real Estate Funds Nature's investment process for single deals versus funds, including timelines, distributions, and communication in PPM.
(0:30:25) - Communication in Real Estate Investing Communication, transparency, working with professionals, trust, and investor protections are crucial in property investment and asset management.
(0:36:40) - Real Estate Investment Strategy and Exit Forced appreciation, debt structures, refinancing, and flexibility in real estate investing for optimal returns.
(0:41:03) - Real Estate Investing and Tax Strategies Real estate capital events, such as refinances and sales, impact investor returns and offer tax benefits compared to stocks.
(0:55:04) - Exploring Why Behind Success Accessible information, personal interaction, real estate expertise, adding accessory dwelling units, discovering investment path, referral to better-suited professionals.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Feb 28, 2024
The pillars of prosperity in property investment with Brett Riggins| Know your WHY #288
Wednesday Feb 28, 2024
Wednesday Feb 28, 2024
EPISODE SUMMARY:
Have you ever wondered how resilience and strategic partnerships can catapult a business to unprecedented heights? This week, we're joined by real estate titan Brett Riggins, who pulls back the curtain on his illustrious two-decade journey that's peppered with invaluable lessons on building robust relationships and scaling ventures like Physician Wealth Systems. The twists and turns of Brett's path from his parents' home construction business to becoming a design-build company owner and savvy investor are nothing short of a masterclass in entrepreneurial tenacity.
The balance between ambition and contentment is a delicate dance many learn too late. My guest and I traverse this topic, sharing the transformative shift towards a leaner, more automated business model that champions both profit and personal peace. We dissect the strategic growth necessary for a business's longevity, reflecting on our past high-stress lives and how we've found fulfillment in our respective Carolinas—emphasizing the importance of aligning one's professional pursuits with a deeper sense of purpose.
BRETT'S BIO:
Brett Riggins is a twenty year veteran of the real estate business whose passion is helping people connect with the life they want. The founder of Connect Home Buyers and Physician Wealth Systems, he’s shepherded more than 20 million dollars in transactions in the last decade. With a degree in Construction Engineering from Western Michigan University and a formative journey through the blood, sweat, and grind of building his investments, his expertise has helped hundreds of people find the deals they needed.
Based out of Charlotte, North Carolina, where he lives with his wife and two kiddos (a.k.a. future entrepreneurs), Brett connects people with the tools they need to create the life they want.
GET IN TOUCH WITH BRETT :
https://physicianwealthsystems.com/
https://www.linkedin.com/in/brettriggins/
https://www.instagram.com/nnbrett/
https://www.facebook.com/brett.riggins.9
EPISODE CHAPTERS:
(0:00:00) - The Path to Real Estate Success Real estate entrepreneur Brett Riggins shares his journey, challenges, and success through private capital and physician partnerships.
(0:09:55) - Scaling Your Business Strategically Scaling a business involves aligning growth with personal goals, navigating HR and legal requirements, and finding joy in a leaner, more profitable model.
(0:21:39) - Scaling Relationships and Self-Contentment Transition from hustle to contentment, building and selling businesses, leveraging technology and partnerships, and creating a fulfilling lifestyle.
(0:26:04) - Discovering Your Why in Real Estate Exploring the concept of 'why' and constant improvement, and the impact of music and emotions on success and growth.
(0:38:16) - Discovering Your Why for Success Daily self-improvement, staying grounded in truth, and persistence in cultivating a fulfilling life are discussed on the Know Your Why Podcast.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Feb 23, 2024
Friday Feb 23, 2024
EPISODE SUMMARY:
Join us as Peter Richter, from InterWest Capital, shares his fascinating journey from leasing agent to a key player in capital markets and investor relations. Listen in as Peter reveals how his property management roots have enriched his understanding of investor communication and strategy execution. He underscores the pivotal role of grasping tenant preferences in executing value-add strategies and the art of tailoring investment decks to resonate with various investor profiles.
As we explore the synergy between asset management and investor relations, I reflect on my time at Davlin Investments where I bridged these roles, leveraging my knack for communication to articulate property narratives. Peter and I discuss InterWest's opportunistic yet discerning investment philosophy, highlighting our forays into multifamily assets and our agility to embrace opportunities in diverse asset classes. The conversation sheds light on the intricacies of strategic development and the concept of restored core investments, providing a rich tapestry of insights for both seasoned and budding investors.
We round out the conversation by tackling the real estate landscape's challenges, from the local market idiosyncrasies to broader economic shifts, and the significance of adaptability and problem-solving in asset management. Peter also opens up about his passion for mead-making, drawing parallels between the patience required for perfecting mead recipes and mastering real estate ventures. His parting advice to newcomers in the industry emphasizes the value of niche expertise and the apprenticeship model for learning the ropes. Whether you're a real estate aficionado or just curious about the intricacies of the field, this episode offers a wealth of knowledge and inspiration.
PETER'S BIO:
Mr. Richter provides strategic direction on matters affecting investor communication, capital markets, equity placement and functions as a liaison to new investors. Prior to joining Interwest Capital, Mr. Richter served as the Director of Investor Relations and Asset Management at Davlyn Investments where he oversaw the placement of over $85 million in equity as well as spearheaded the implementation of portfolio wide ESG initiatives. Before Davlyn, Mr. Richter spent his entire professional career learning the intricacies of the multifamily management and investment industry from the ground up working for national operators such as Holland Residential and Pinnacle International and UDR, one of the nation’s largest REITs where he oversaw their San Diego portfolio which consists of both mid-rise and high-rise, class A apartments.
GET IN TOUCH WITH PETER :
https://interwestcapital.com/our_team/peter-richter/
www.linkedin.com/in/peter-richter-84081382/
EPISODE CHAPTERS:
(0:00:00) - Property and Asset Manager Roles Peter Richter shares insights on asset management, tenant preferences, and market fundamentals in capital markets and investor relations.
(0:11:24) - Asset Management and Investment Strategies Effective communication is crucial for relaying property status to investors, while InterWest targets smile states and diversifies with hotels and development.
(0:28:08) - Real Estate Challenges and Personal Motivation Nature's challenges in real estate asset management: understanding local markets, creative problem-solving, and enhancing returns for stakeholders.
(0:35:57) - Exploring Real Estate and Mead Making Nature's mead-making and real estate advice, including niche focus, research, and apprenticeship opportunities for young professionals.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Feb 21, 2024
Wednesday Feb 21, 2024
EPISODE SUMMARY:
From the operating room to the boardroom, Dr. Ryan Smolarz' story is not your run-of-the-mill career pivot. On our latest episode of the Know Your Why podcast, I sit down with this remarkable otolaryngologist turned self-storage savant to track his evolution. Ryan's foray into the business world amid hurricanes and pandemics is a masterclass in resilience and determination, underscoring his pursuit of financial independence. His narrative weaves through the tapestry of life's complexities, providing a fascinating look at how financial sovereignty can serve as a backbone for navigating the unpredictable.
Ever wondered how visionary goals are crafted and pursued? This episode peels back the layers on the psychology of ambition, discussing the likes of Elon Musk and the monumental mindset needed to manifest such dreams into reality. Ryan and I dissect the ins and outs of real estate investment, highlighting self-storage as a beacon of stability that goes beyond asset appreciation. The conversation takes a deeper look at the symbiotic relationship between financial health and mental well-being, emphasizing why financial stability should be a cornerstone of life's blueprint.
Closing out, Ryan's journey from wealth building to charitable giving serves as an inspiration, proving that the path to success can lead to meaningful societal contributions. He shares actionable advice for diving into real estate, stressing the importance of aligning with partners who resonate with your investment philosophy. It's an episode brimming with wisdom for anyone looking to cement their financial future. So whether you're a medical professional, an aspiring entrepreneur, or just seeking a sturdier financial footing, join us for a compelling exploration into the ‘why’ behind success and how you too can secure a life of both purpose and prosperity.
DR. J. RYAN SMOLARZ BIO:
Dr. Joseph Ryan Smolarz, founder of STOR Partners, is a seasoned entrepreneur and Otolaryngology practitioner. With a patent for a reflux medication and a pending invention, he combines medical innovation with extensive experience in commercial real estate, specializing in self-storage and assisted living. His mission is to provide financial sovereignty to medical professionals through strategic investments in hard assets. Dr. Smolarz, equipped with an MBA from the University of Miami, emphasizes meticulous team-building in both public and private ventures. He's also a dedicated family man, proud father of Asher Drew and Harper Ayden, husband of fifteen years to Kelli, and caretaker of Ollie, his white Spinoni.
GET IN TOUCH WITH DR. J. RYAN SMOLARZ :
https://storpartners.com/#/about
https://www.linkedin.com/in/joseph-ryan-smolarz-4803a81/
EPISODE CHAPTERS:
(0:00:00) - Finding Purpose Beyond Medicine Dr. Ryan shares his journey from medicine to self-storage real estate, discussing challenges and finding financial sovereignty.
(0:14:24) - Setting Goals and Investing in Real Estate High aspirations, positive mindset, real estate investment, financial stability, and its impact on mental and physical health.
(0:26:48) - Understanding Illiquidity and Importance in Investing Real estate illiquidity prevents hasty decisions, focused stock investment, transparency in private placements, education, performance-based fees, and expert collaboration.
(0:36:38) - Investment Strategy and Cash Flow Importance Equity multiple, reinvesting returns, compounding, tax efficiency, business reinvestment, distributions, growth strategy, due diligence, investment thesis, personal financial goals.
(0:41:32) - Investment Goals & Cash Flow in Real Estate Understanding investment goals in real estate, prioritizing cash flow or returns upon exit, working with aligned partners, and setting financial goals for future security.
(0:50:46) - Success, Impact, and Real Estate Investing Successful individuals share their philanthropic experiences, benefits of lean business, personal pursuits, investing in volatile markets, and advice for real estate.
(0:58:11) - Exploring the Why Behind Success Gratitude for guest's insights on long-term financial planning, invitation for future collaboration, and audience engagement on the Medicine and Money show.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/